Tampa Bay Business Disputes: Dividing Assets After a Dissolution

March 15, 2023

improving company efficiencyWhen a business dissolves, the process of dividing assets can be complex and emotionally charged. It is important to have a clear understanding of the legal processes involved and the various options available to resolve disputes. A Tampa business lawyer can help guide you through the process and ensure that your interests are protected.

Business Dissolution

Business dissolution can occur for many reasons, including retirement, financial difficulties, or disputes between owners. When a business is dissolved, it must be officially terminated with the state of Florida. This process involves several steps, including the distribution of assets, termination of contracts, and filing of final tax returns.

Dividing Assets After a Dissolution

Dividing assets can be one of the most contentious aspects of business dissolution. It is important to determine the fair value of assets, including property, inventory, and accounts receivable. Once the value of assets is determined, they must be divided between the parties involved. This can be done through negotiation, mediation, or litigation.

Seek Legal Assistance from a Tampa Business Attorney

Navigating a business dissolution and the division of assets can be a complex process. An experienced Tampa business attorney can help guide you through the process and ensure that your interests are protected. They can help with negotiations, mediation, or litigation and ensure that the process is handled efficiently and effectively.

At The Law Office of Robert Eckard & Associates, P.A., we have a team of experienced attorneys who can help you navigate the dissolution of a business and the division of assets. We have a deep understanding of Florida business law and can help you find the best solution for your situation. Contact us today to schedule a consultation and learn how we can help.

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I was referred to Robert by Ruge Law Group when they were actually KRG Law Group. They handled a car accident I was involved in. This was a business debt collection levied against our company by an employee’s debt collector. He and his colleagues handled it flawlessly. He and his staff are beyond impressive and do everything they can to take the cases brought before them. I came back to them with a very big case. I don’t want to dox anyone in the office other than the name on the business. However, they handled it in the most professional, respectful, and caring way possible. J, you did an amazing job and due diligence! Robert, I wanted to personally thank you for representing us in the past and in the future. You and your paralegals are above Top Shelf. This firm is straight Louis XIII.

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I hired Mr. Patterson (due to another attorney's referral) to handle what I viewed as a complex case. Because of Mr. Patterson's knowledge of the applicable laws and forethought of opposing counsel's strategy, I'm happy to say the outcome was "excellent." I generally do not post but Mr. Patterson absolutely deserves a well appreciated applause for his legal performance. That said, I also referred him to my sister which also had successful results. Thank you, Mr. Patterson.

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